IF the FOMO Wave on Chainlink start, appear as "reasonable" to have a Link outperforming ETH. And the chart speak itself.
Over weighting Link now with a leverage via the 3x LINKBULL (on FTX)
Nice setup on the bottom of the channel.
2 days to the Mainnet launch and 30 before the final token SWAP.
Fractal vs LINKUSD bottom may deliver a first short term target around 5.3$ by April 2020.
Maybe a double bottom (vs Dec18) is in place.
Volume increasing stably on most Exchanges. As AVG 1,5M$ per day (not considering BITHUMB where token exchanged are in the Top25, even ahead of ETC).
Huge Volume peak @ the end of August.
Drawing some up-trending lines & comparing with some fractals, possibly hitting the 37-38 $cents by the end of Sept and in the 50...
Fractal, Golden Ratio, Mining Costs etc providing some kind of "last resort" levels on potential downside. Not really bullish at the moment, but among Bakkt, Whales, USDT Printing Machines etc.. with BTC you never know.
Pinged first lower band today. Considering the "printing Machine" activity of the last weeks, here more room on the upside than downside. Anyway a fast dump on the second lower band may still be in the cards.
Alt Season maybe ahead or maybe not.
After knowledge and adoption next step is integration;
World knows crypto; some, both private and Institutional have already adopted them (or they will);
Next step is to "integrate" the different concepts into the different industries and let them work jointly and smoothly (blockchains with "real world" via other "oracle"...
